Category: Press Releases

(Amount in Crore of ₹)   SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 09-Oct-20 24-SEP-2021* 08-OCT-2021* 09-Oct-20 24-SEP-2021* 08-OCT-2021* I LIABILITIES TO THE BKG.SYSTEM (A)               a) Demand & Time deposits from bks. 210483.02 166914.25 166196.73 215493.1 171131.42 170498.54**   b) Borrowings from banks 50311.7 42383.43 46502.71 50315.22 42446.8 46502.71   c) Other demand & time liabilities 15439.08 18644.94 23553.2 15636.28 18934.46 23855.21 II LIABILITIES TO OTHERS (A)               a) Deposits (other than from banks) 14301947.24 15598947.56 15755752.56 14717968.33 16019389.27 16173790.94   i) Demand 1469978.63 1823739.26 1786334.63 1505420.4 1862811.78 1825168.04   ii) Time 12831968.61 13775208.3 13969417.96 13212547.93 14156577.5 14348622.93   b) Borrowings @ 255244.75 245898.05 253398.88 259589.9 251043.48 258359.83   c) Other demand & time liabilities 519762.29 583385.02 584167.2 531162.5 594425.5 594603.37 III BORROWINGS FROM R.B.I. (B) 117466.7 92381.81 94399.47 117466.7 92416.84 94399.47   Against usance bills and / or prom. Notes             IV CASH 82613.26 98702.51 99431.28 84485.16 100793.63 101529.89 V BALANCES WITH R.B.I. (B) 439497.31 638826.02 637545.1 452113.52 655608 654327.91 VI ASSETS WITH BANKING SYSTEM               a) Balances with other banks               i) In current accounts 14388.2 19142.45 22568.95 16444.84 21548.39 24720.39   ii) In other accounts 136744.5 125448.37 134002.03 169058.24 158297.52 166861.67   b) Money at call & short notice 11125.08 7061.71 12553.48 32926.97 21958.76 27848.59   c) Advances to banks (i.e. due from bks.) 21807.4 24278.02 24221.52 22272.87 24659.76 24606.13£   d) Other assets 31187.77 25078.13 25287.57 36042.08 27925.39 28195.35 VII INVESTMENTS (At book value) 4461110.04 4663318.47 4689311.87 4593312.8 4804691.03 4832607.41   a) Central & State Govt. securities+ 4459740 4662056.11 4688228.98 4585563.33 4797270.5 4825456.94   b) Other approved securities 1370.04 1262.36 1082.89 7749.47 7420.54 7150.47 VIII BANK CREDIT (Excluding Inter Bank Advance) 10343494.78 10956816.89 11013458.2 10677181.3 11295261.19 11354180.59   a) Loans, cash credits & Overdrafts $ 10176002.4 10754999.37 10798780.2 10507675.23 11091410.21 11137509.12   b) Inland Bills purchased 21602.67 31812.04 33686.51 21885.75 31826.34 33719.57   c) Inland Bills discounted 98792.7 118694.29 127504.71 99823.88 120032.67 128810.63   d) Foreign Bills purchased 18185.98 19844.06 20340.63 18436.84 20016.21 20494.9   e) Foreign Bills discounted 28911.02 31467.11 33146.15 29359.62 31975.75 33646.37 NOTE * Provisional figures incorporated in respect of such banks as have not been able to submit final figures. (A) Demand and Time Liabilities do not include borrowings of any Scheduled State Co-operative Bank from State Government and any reserve fund deposits maintained with such banks by any co-operative society within the areas of operation of such banks. ** This excludes deposits of Co-operative Banks with Scheduled State Co-operative Banks. These are included under item II (a). @ Other than from Reserve Bank, National Bank for Agriculture and Rural Development and Export Import Bank of India. (B) The figures relating to Scheduled Commercial Banks’ Borrowings in India from Reserve Bank and balances with Reserve Bank are those shown in the statement of affairs of the Reserve Bank. Borrowings against usance bills and/ or promissory notes are under Section 17(4)(c) of the Reserve Bank of India Act, 1934. Following a change in the accounting practise for LAF transactions with effect from July 11, 2014, as per the recommendations of Malegam Committee formed to review the Format of Balance Sheet and the Profit and Loss Account of the Bank, the transactions in case of Repo/ Term Repo/MSF are reflected under “Borrowings from RBI”. £ This excludes advances granted by Scheduled State Co-operative Banks to Co-operative banks. These are included under item VIII (a). + Includes Treasury Bills, Treasury Deposits, Treasury Savings Certificates and postal obligations. $ Includes advances granted by Scheduled Commercial Banks and State Co-operative Banks to Public Food Procurement Agencies (viz. Food Corporation of India, State Government and their agencies under the Food consortium). Food Credit Outstanding as on (₹ in Crore) Date 09-Oct-20 24-Sep-21 08-Oct-21 Scheduled Commercial Banks 63393.08 62341.83 62408.14 State Co-operative Banks 30402.9 35817.79 35817.5 The expression ‘ Banking System ‘ or ‘ Banks ‘ means the banks and any other financial institution referred to in sub-clauses (i) to (vi) of clause (d) of the explanation below Section 42(1) of the Reserve Bank of India Act, 1934. No. of Scheduled Commercial Banks as on Current Fortnight:135 Ajit Prasad Director    Press Release: 2021-2022/1073

The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on October 22, 2021, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 4,50,000 12 (November 4 & 5, 2021 being holidays) 10:30 AM to 11:00 AM November 03, 2021 (Wednesday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same. Ajit Prasad Director    Press Release: 2021-2022/1072

April 14, 2015

Dear All

Welcome to the refurbished site of the Reserve Bank of India.

The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge.

With this makeover, we also take a small step into social media. We will now use Twitter (albeit one way) to send out alerts on the announcements we make and YouTube to place in public domain our press conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy.

The site can be accessed through most browsers and devices; it also meets accessibility standards.

Please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank.

Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site.

Thank you for your continued support.

Department of Communication

Reserve Bank of India

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(Amount in ₹ crore, Rate in Per cent)   Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 438,715.92 3.32 1.50-3.50      I. Call Money 8,964.42 3.32 2.00-3.45      II. Triparty Repo 334,238.20 3.32 3.10-3.39      III. Market Repo 95,513.30 3.29 1.50-3.50      IV. Repo in Corporate Bond 0.00   – B. Term Segment            I. Notice Money** 124.90 3.20 2.75-3.35      II. Term Money@@ 429.50 – 3.30-4.20      III. Triparty Repo 1,500.00 3.43 3.40-3.44      IV. Market Repo 1,349.87 2.64 2.00-3.55      V. Repo in Corporate Bond 0.00 – –

Auction Date Tenor (Days) Maturity Date Amount Current Rate / Cut off Rate C. Liquidity Adjustment Facility (LAF) & Marginal Standing Facility (MSF) I. Today’s Operations 1. Fixed Rate                (i) Repo               (ii) Reverse Repo Wed, 20/10/2021 1 Thu, 21/10/2021 207,337.00 3.35     (iii) Special Reverse Repo~               (iv) Special Reverse Repoψ           2. Variable Rate&             (I) Main Operation                (a) Reverse Repo             (II) Fine Tuning Operations                (a) Repo                (b) Reverse Repo Wed, 20/10/2021 6 Tue, 26/10/2021 200,008.00 3.95 3. MSF Wed, 20/10/2021 1 Thu, 21/10/2021 1,678.00 4.25 4. Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs)£           5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -405,667.00   II. Outstanding Operations 1. Fixed Rate               (i) Repo               (ii) Reverse Repo               (iii) Special Reverse Repo~ Fri, 08/10/2021 14 Fri, 22/10/2021 6,402.00 3.75     (iv) Special Reverse Repoψ Fri, 08/10/2021 14 Fri, 22/10/2021 2,894.00 3.75 2. Variable Rate&             (I) Main Operation                (a) Reverse Repo Fri, 08/10/2021 14 Fri, 22/10/2021 400,002.00 3.99   (II) Fine Tuning Operations                (a) Repo                (b) Reverse Repo           3. MSF           4. Long-Term Repo Operations# Mon, 17/02/2020 1095 Thu, 16/02/2023 499.00 5.15   Mon, 02/03/2020 1094 Wed, 01/03/2023 253.00 5.15   Mon, 09/03/2020 1093 Tue, 07/03/2023 484.00 5.15   Wed, 18/03/2020 1094 Fri, 17/03/2023 294.00 5.15 5. Targeted Long Term Repo Operations^ Fri, 27/03/2020 1092 Fri, 24/03/2023 12,236.00 4.40   Fri, 03/04/2020 1095 Mon, 03/04/2023 16,925.00 4.40   Thu, 09/04/2020 1093 Fri, 07/04/2023 18,042.00 4.40   Fri, 17/04/2020 1091 Thu, 13/04/2023 20,399.00 4.40 6. Targeted Long Term Repo Operations 2.0^ Thu, 23/04/2020 1093 Fri, 21/04/2023 7,950.00 4.40 7. On Tap Targeted Long Term Repo Operations€ Mon, 22/03/2021 1095 Thu, 21/03/2024 5,000.00 4.00   Mon, 14/06/2021 1096 Fri, 14/06/2024 320.00 4.00   Mon, 30/08/2021 1095 Thu, 29/08/2024 50.00 4.00   Mon, 13/09/2021 1095 Thu, 12/09/2024 200.00 4.00   Mon, 27/09/2021 1095 Thu, 26/09/2024 600.00 4.00   Mon, 04/10/2021 1095 Thu, 03/10/2024 350.00 4.00 8. Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs)£ Mon, 17/05/2021 1095 Thu, 16/05/2024 400.00 4.00 Tue, 15/06/2021 1095 Fri, 14/06/2024 490.00 4.00 Thu, 15/07/2021 1093 Fri, 12/07/2024 750.00 4.00 Tue, 17/08/2021 1095 Fri, 16/08/2024 250.00 4.00 Wed, 15/09/2021 1094 Fri, 13/09/2024 150.00 4.00 D. Standing Liquidity Facility (SLF) Availed from RBI$       21,695.80   E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     -301,960.20   F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -707,627.20   G. Cash Reserves Position of Scheduled Commercial Banks      (i) Cash balances with RBI as on 20/10/2021 614,487.08        (ii) Average daily cash reserve requirement for the fortnight ending 22/10/2021 630,289.00   H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ 20/10/2021 0.00   I. Net durable liquidity [surplus (+)/deficit (-)] as on 24/09/2021 1,205,314.00   @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL). – Not Applicable / No Transaction. ** Relates to uncollateralized transactions of 2 to 14 days tenor. @@ Relates to uncollateralized transactions of 15 days to one year tenor. $ Includes refinance facilities extended by RBI. & As per the Press Release No. 2019-2020/1900 dated February 06, 2020. * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo. # As per the Press Release No. 2020-2021/287 dated September 04, 2020. ^ As per the Press Release No. 2020-2021/605 dated November 06, 2020. € As per the Press Release No. 2020-2021/520 dated October 21, 2020, Press Release No. 2020-2021/763 dated December 11, 2020, Press Release No. 2020-2021/1057 dated February 05, 2021 and Press Release No. 2021-2022/695 dated August 13, 2021. ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015. £ As per the Press Release No. 2021-2022/181 dated May 07, 2021 and Press Release No. 2021-2022/1023 dated October 11, 2021. ~ As per the Press Release No. 2021-2022/177 dated May 07, 2021. ψ As per the Press Release No. 2021-2022/323 dated June 04, 2021. Ajit Prasad Director    Press Release: 2021-2022/1070

The Reserve Bank of India (RBI) had, by an order dated October 01, 2021, imposed a monetary penalty of ₹1 crore (Rupees one crore only) on Paytm Payments Bank Limited (PPBL), for an offence committed of the nature referred to in Section 26 (2) of Payment and Settlement Systems Act, 2007 (PSS Act).

A Compounding Order dated October 07, 2021 was also issued to Western Union Financial Services Inc (WUFSI), a Money Transfer Service – cross-border in-bound service (customer to customer only) operator – imposing a penalty of ₹27,78,750 (Rupees twenty seven lakh, seventy eight thousand, seven hundred and fifty only) for non-compliance with certain provisions of the directions contained in the Master Direction on Money Transfer Service Scheme (MTSS Directions) dated February 22, 2017.

The penalties have been imposed in exercise of powers vested in RBI under the provisions of Section 30 and Section 31 of the PSS Act. This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the entities with their customers.

Background

On examination of PPBL’s application for issue of final Certificate of Authorisation (CoA), it was observed that PPBL had submitted information which did not reflect the factual position. As this was an offence of the nature referred to in Section 26 (2) of the PSS Act, a notice was issued to PPBL. After reviewing the written responses and oral submissions made during the personal hearing, the RBI determined that the aforementioned charge was substantiated and warranted the imposition of a monetary penalty.

WUFSI had reported instances of breach of the ceiling of 30 remittances per beneficiary during the calendar years 2019 and 2020, and filed an application for compounding of the violation. RBI determined that the aforementioned non-compliance warranted the imposition of a monetary penalty after analysing the compounding application, and oral submissions made during the personal hearing.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2021-2022/1069

April 14, 2015

Dear All

Welcome to the refurbished site of the Reserve Bank of India.

The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge.

With this makeover, we also take a small step into social media. We will now use Twitter (albeit one way) to send out alerts on the announcements we make and YouTube to place in public domain our press conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy.

The site can be accessed through most browsers and devices; it also meets accessibility standards.

Please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank.

Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site.

Thank you for your continued support.

Department of Communication

Reserve Bank of India

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Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹10000 Crore ₹3000 Crore ₹7000 Crore II. Competitive Bids Received       (i) Number 86 39 128 (ii) Amount ₹36380 Crore ₹7090 Crore ₹26584.500 Crore III. Cut-off price / Yield 99.1473 98.1887 96.2110 (YTM: 3.4496%) (YTM: 3.6996%) (YTM: 3.9490%) IV. Competitive Bids Accepted       (i) Number 20 18 43 (ii) Amount ₹9999.708 Crore ₹2999.961 Crore ₹6999.895 Crore V. Partial Allotment Percentage of Competitive Bids 85.65% 47.48% 66.47% (3 Bids) (1 Bids) (2 Bids) VI. Weighted Average Price/Yield 99.1497 98.1989 96.2223 (WAY: 3.4398%) (WAY: 3.6783%) (WAY: 3.9368%) VII. Non-Competitive Bids Received       (i) Number 5 1 2 (ii) Amount ₹8200.292 Crore ₹0.039 Crore ₹0.105 Crore VIII. Non-Competitive Bids Accepted       (i) Number 5 1 2 (ii) Amount ₹8200.292 Crore ₹0.039 Crore ₹0.105 Crore (iii) Partial Allotment Percentage 100% (0 Bids) 100% (0 Bids) 100% (0 Bids) Ajit Prasad Director    Press Release: 2021-2022/1067

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹10,000 Crore ₹3,000 Crore ₹7,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 99.1473 (YTM: 3.4496%) 98.1887 (YTM: 3.6996%) 96.2110 (YTM: 3.9490%) IV. Total Face Value Accepted ₹10,000 Crore ₹3,000 Crore ₹7,000 Crore Ajit Prasad Director    Press Release: 2021-2022/1066

Tenor 6-day Notified Amount (in ₹ crore) 2,00,000 Total amount of offers received (in ₹ crore) 2,44,208 Amount accepted (in ₹ crore) 2,00,008 Cut off Rate (%) 3.95 Weighted Average Rate (%) 3.84 Partial Acceptance Percentage of offers received at cut off rate 63.25 Ajit Prasad Director    Press Release: 2021-2022/1065

April 14, 2015

Dear All

Welcome to the refurbished site of the Reserve Bank of India.

The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge.

With this makeover, we also take a small step into social media. We will now use Twitter (albeit one way) to send out alerts on the announcements we make and YouTube to place in public domain our press conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy.

The site can be accessed through most browsers and devices; it also meets accessibility standards.

Please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank.

Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site.

Thank you for your continued support.

Department of Communication

Reserve Bank of India

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